MOIL shares rally 6% after strong Q3 update; sales rise 13% YoY

Shares of state-run MOIL have surged by 6% in today’s trading session, reaching a peak of Rs 359.35 on the BSE. This boost follows the company’s announcement on Friday that it has achieved its best-ever performance for both Q3 and the first nine months of the fiscal year, ending December 31, 2024.